$MERL / USDT — Long Setup Alert
Current Price: $0.54172
24h Range: High $0.59479 | Low $0.32096
Trade Plan (Breakout Momentum Play)
Entry Zone: $0.5250 – $0.5450
TP1: $0.5650
TP2: $0.5880
TP3: $0.6120
Stop-Loss: $0.5080
Market Outlook
$MERL is extending its explosive breakout, already pumping over +58% and ripping through major resistance levels with strong volume behind it. The chart structure shows a sharp vertical move powered by aggressive buyers, clearly keeping momentum on the bullish side.
As long as the price stays above $0.5250, the uptrend remains intact and another breakout toward $0.5880–$0.6120 stays highly probable. Any pullback into the entry zone should be treated as a buying opportunity, given the strong demand and market sentiment.
Bias: Strongly bullish above $0.5250
